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Aug 23, 2013
08/13
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KRON
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good economic news from asia and europe drove the market higher yesterday. here's a look at the closing numbers. the dow climbed 66 points. the nasdaq up 38 points. and the s-and-p 500 rose 14. opening bell at 6:30. bay area automaker tesla is now selling its model -s car overseas. tesla hopes the electric car strikes a chord in china which is now the largest market in the world for vehicles. the tesla model- s. is priced at 70- thousand dollars in the u-s but it will cost more in china, partly because of import fees. football season is upon us. and just as you prepare to cheer for your favorite team team, there's a new study that shows there may be more is to a win or a loss than you ever thought. [ female announcer ] jump-start your day with mcdonald's dollar menu at breakfast. home of the irresistible sausage burrito. ♪ and freshly brewed premium roast coffee you love. plus other amazing tastes for just a dollar each. ♪ every day, as always, there's a lot to love for a little on mcdonald's dollar menu. ♪ on mcdonald's dollar menu. { female narrator:
good economic news from asia and europe drove the market higher yesterday. here's a look at the closing numbers. the dow climbed 66 points. the nasdaq up 38 points. and the s-and-p 500 rose 14. opening bell at 6:30. bay area automaker tesla is now selling its model -s car overseas. tesla hopes the electric car strikes a chord in china which is now the largest market in the world for vehicles. the tesla model- s. is priced at 70- thousand dollars in the u-s but it will cost more in china, partly...
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80
Aug 5, 2013
08/13
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KRON
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eye 80
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at the west end of the bridge you can see sensors indicated traffic is backed up all the way to europe when the island. and back up to the incline section which is why in here we see traffic at a standstill and the westbound direction for did the bay bridge this morning. don't even think about heading in this direction. it will be jammed for hours. your alternates, the san mateo bridge and right now the approaches look good and it is problem free all across the span also the golden gate bridge if you want to take the richmond san rafael bridge if you're coming down the e shore freeway that would be a much better bet for you. this and you get there at the last trafficking will have to contend with and another option is of course a bart this morning which is running. this is the worst vehicle fire i have ever seen on camera. this is happening right now off the upper deck of the bay bridge and the westbound direction. >>erica: good morning to george. i do want to start my report from the live look of art mount tam cam. we do have sunshine of of of that cloud cover. temperatures right now
at the west end of the bridge you can see sensors indicated traffic is backed up all the way to europe when the island. and back up to the incline section which is why in here we see traffic at a standstill and the westbound direction for did the bay bridge this morning. don't even think about heading in this direction. it will be jammed for hours. your alternates, the san mateo bridge and right now the approaches look good and it is problem free all across the span also the golden gate bridge...
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Aug 6, 2013
08/13
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KRON
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eye 224
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>>it basically could be in europe. it could be in the united states. it could be a series of combined attacks. so, we need to be ready for everything. >> catherine: the u-s response has gone beyond the worldwide travel warning and closing embassies defense secretary chuck hagel ordered u.s. forces in spain and italy onto a higher state of alert. fifteen-hundred marines on board three navy warships in the red sea will now remain off the coast of yemen, ready to react. >> catherine: u-s intelligence officials have said he could be the most dangerous terrorist america faces. ibraham al-asiri, only 31- years old. master bomb-maker for the group 'al qaeda in the arabian peninsula'. "the ability to smuggle a, essentially, undetectable bomb onto a plane or some other location- i mean that's golden for al qaeda." >> reporter:western intelligence officials say al-asiri's behind the foiled 2009 'underwear-bomb' plot airliner approaching detroit on christmas day. and a 2010 plot to send bombs in printer-cartridges in cargo- planes bound for the u-s. >> reporter:b
>>it basically could be in europe. it could be in the united states. it could be a series of combined attacks. so, we need to be ready for everything. >> catherine: the u-s response has gone beyond the worldwide travel warning and closing embassies defense secretary chuck hagel ordered u.s. forces in spain and italy onto a higher state of alert. fifteen-hundred marines on board three navy warships in the red sea will now remain off the coast of yemen, ready to react. >>...
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75
Aug 2, 2013
08/13
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KRON
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eye 75
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like other automakers, toyota saw a drop in sales in europe and asia. >> ford motor company haspoint- 4 million fine to the federal government for delaying the recall of ford escape s-u-vs with gas pedals that could become stuck. a year ago, ford recalled 421,000 escapes in the u.s. for the problem. the settlement indicates that the national highway traffic safety administration believes ford knew of the problem for some time before alerting the agency and vehicle owners. >> google's latest smart phone is f tade in theusa. it's called the moto -x-. the search giant unveiled the first phone of its own design since it bought motorola last year. google says the phone isn't necessarily aiming to beat out competitors like the iphone or galaxy. instead, the focus is on ease of use and helpful features. workers at a factory in fort worth, texas will assemble and ship customized phones. google says moto -x- will be available by the end of this >> we will be right back s the kron 4 morning news continues. dow futures are down. there has been a drop in the unemployment numbers. look at 'em. liv
like other automakers, toyota saw a drop in sales in europe and asia. >> ford motor company haspoint- 4 million fine to the federal government for delaying the recall of ford escape s-u-vs with gas pedals that could become stuck. a year ago, ford recalled 421,000 escapes in the u.s. for the problem. the settlement indicates that the national highway traffic safety administration believes ford knew of the problem for some time before alerting the agency and vehicle owners. >>...
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Aug 1, 2013
08/13
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KRON
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eye 107
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. >> we had worries about europe because of their gains. they were down 1%. at least we are growing. are we worried about your? >> know. both york and china are manufacturing more than expected. any number over 50 is growing anything under 50 is contracting. york is doing things very slowly. china is also slowing down. they only had 7 1/2% growth. >> i am. most analysts are side ways. >> we have 18 percent this year. if i could get this every year and be done by july and take the next year off that would be great. the s&p 500 is expensive, they need more sales, more jobs. otherwise, people are fearful. warren buffett's stated that you should be fearful when people are being greedy. >> >>tomorrow we do have high clause that are going to be peeping out. we are same breaks of sunshine. it looks like we will be cooler today than what we are used to sing. the temperature may be anywhere from two to eight degrees cooler than where we should be. concord will be in the upper 80s for august 1st. we are three degrees cooler in oakland and four degrees cooler for downto
. >> we had worries about europe because of their gains. they were down 1%. at least we are growing. are we worried about your? >> know. both york and china are manufacturing more than expected. any number over 50 is growing anything under 50 is contracting. york is doing things very slowly. china is also slowing down. they only had 7 1/2% growth. >> i am. most analysts are side ways. >> we have 18 percent this year. if i could get this every year and be done by july and...
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Aug 30, 2013
08/13
by
KRON
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some of the experts will travel to laboratories in europe to deliver the material they've collected this week. the u.s. blames the syrian government for the attack, and has signaled it could carry out punitive strikes. experts say you simply can't safely bomb a chemical weapons storehouse into oblivion. weapo[ male announcer ] this one goes out to all the allergy muddler you know who you are. you can part a crowd, without saying a word... if you have yet to master the quiet sneeze... you stash tissues like a squirrel stashes nuts. well muddlers, muddle no mor try zyrte®. it gives you powerful allergy relief. and zyrtec® is different than claritin® because zyrte® starts working at hour one on the first day you take it. claritin® doesn't start worki until hour three zyrtec®. love the ai still leave at least 20 to 30 percent of the poison in lethal form. and in syria, the levels would likely be higher. the latest wave of attacks in iraq, primarily targeting shiites, is being claimed by al-qaida's branch in the country. the group says this week's bombings were in retaliation for the ex
some of the experts will travel to laboratories in europe to deliver the material they've collected this week. the u.s. blames the syrian government for the attack, and has signaled it could carry out punitive strikes. experts say you simply can't safely bomb a chemical weapons storehouse into oblivion. weapo[ male announcer ] this one goes out to all the allergy muddler you know who you are. you can part a crowd, without saying a word... if you have yet to master the quiet sneeze... you stash...
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121
Aug 6, 2013
08/13
by
KRON
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eye 121
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>>it basically could be in europe. it could be in the united states. it could be a series of combined attacks. so, we need to be ready for everything. >> catherine: the u-s response has gone beyond the worldwide travel warning and closing embassies >> catherine: defense secretary chuck hagel ordered u.s. forces in spain and italy onto a higher state of alert. fifteen- hundred marines on board three navy warships in the red sea will now remain off the coast of yemen, ready to react. >> pam: michael duckies here to talk about this and was ahead. >> under the four california government code that allows you to things which each party has requested. they can point up to five members and they have seven days they cannot recommend one way or the other. they can then decide a cooling off period trick which i feel maybe possible in this case. they deny make recommendations on who should get what. but in a self it will been very determined of what the public opinion should result. >> pam: is a very unlikely that a bart strike will happen pyrrhic? >> i do because
>>it basically could be in europe. it could be in the united states. it could be a series of combined attacks. so, we need to be ready for everything. >> catherine: the u-s response has gone beyond the worldwide travel warning and closing embassies >> catherine: defense secretary chuck hagel ordered u.s. forces in spain and italy onto a higher state of alert. fifteen- hundred marines on board three navy warships in the red sea will now remain off the coast of yemen, ready to...
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Aug 29, 2013
08/13
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KRON
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into my car so they are in good position whereas of vodafone is starting to get more cable access in europe because cable has more capacity in the future to handle data then per say wireless does. >>mark: is vodafone gonna be hurt down the line. >>: the worst thing is the european slowdown but other than that they are a wonderful company to invest >>mark: gross domestic product to rid the u.s. economy really accelerating. >>: i said it doesn't matter but let me give you the key tackle ways. strong free economy basically means underlying demand. - takeaways. government spending was weaker and corporate profits were up which means a government spending is sequestration talk but corp stocks are up. they hire people to work and those buildings. that positive for the economy. - here is the federal will raise interest rates at some point. --the negative aspect is that the federal will raise interest rates at some point. >>: should entry-level jobs pay livable wages. no one takes it--no one feels it takes skill to work these jobs. most people can't live off $18,000 a year. its extreme poverty. thi
into my car so they are in good position whereas of vodafone is starting to get more cable access in europe because cable has more capacity in the future to handle data then per say wireless does. >>mark: is vodafone gonna be hurt down the line. >>: the worst thing is the european slowdown but other than that they are a wonderful company to invest >>mark: gross domestic product to rid the u.s. economy really accelerating. >>: i said it doesn't matter but let me give you...
107
107
Aug 16, 2013
08/13
by
CNBC
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eye 107
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between europe and japan. the omt never actually utilized but you have seen a more aggressive response out of the european central bank than you saw out of the boj back in the '90s. second of all, european demo graph innings are not great, japan is a special case. japan has a very big demo graph inc. headwind worse than anywhere else in the world. and finally i would point out that while i've had low inflation in europe you've never had the type of entrenched deflation that has been evidence in japan now for the most part of two decades. the good news is that japan will hopefully finally be climbing out of that hole but i think it's fair to say europe even with all its issues is not yet japan. >> russ, a good question about europe. to me, you look at this euro box -- euro bank stock index, up 25% the last five six weeks. to me seems like a real chase here. what percentage of those gains are you know, is really affecting the european trade right here 'cause to me, a really weird timing on the straight. companie
between europe and japan. the omt never actually utilized but you have seen a more aggressive response out of the european central bank than you saw out of the boj back in the '90s. second of all, european demo graph innings are not great, japan is a special case. japan has a very big demo graph inc. headwind worse than anywhere else in the world. and finally i would point out that while i've had low inflation in europe you've never had the type of entrenched deflation that has been evidence in...
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cost of production of shale gas and europe is a company everybody or higher. in the united states and also as a situation that was there was a environment is different because in the us it's where the production is on populated areas which are quite there we have a bill in the united states but in europe we can't find such a big areas. populated. at each was of water and that we should not also close our eyes is that there is a environmental effects in the world and the look at the quite a number of the. distorted and facts associated there was a production of shale gas and it's not a surprise that. in poland all the major structural stepped out of shale gas exploration so if you like environmental issues of secondary importance for the united states in the europa was a problem of the water for that in concrete is very important to put that three is . what a lot of what is' and. is a. number one priority and as i told environment plus the cost. because by the action of the additional guess in the europe. and i mean first of all. is incompatibly more competitiv
cost of production of shale gas and europe is a company everybody or higher. in the united states and also as a situation that was there was a environment is different because in the us it's where the production is on populated areas which are quite there we have a bill in the united states but in europe we can't find such a big areas. populated. at each was of water and that we should not also close our eyes is that there is a environmental effects in the world and the look at the quite a...
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Aug 29, 2013
08/13
by
KCSM
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eye 47
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we could at least cut the average of europe by being a good aim. >> you mentioned europe. one man who has an idea on how to fill it is the vice president of the european commission. he gave an interview to the french papers over the weekend. he wants to see major reform of state run sectors of the economy. he expects results on three fronts. competitiveness and opening up the service sector. and in opening up to competition of the rail and energy sectors. the french energy giant remain virtual monopolies. these companies, couldn't they at least be partially more opened up than they are right now? >> a huge player around europe, but couldn't they open it up to competition here? >> that is planned in the european directive. >> he should work elizabeth moore on the european economy. maybe a little bit less in the details area is the first one to give lessons. >> it is not a detail. they have just given france a two-year free pass to keep their public deficit above three percent. it is their business. >> everyone is conscience about that. >> does not give them a say about what
we could at least cut the average of europe by being a good aim. >> you mentioned europe. one man who has an idea on how to fill it is the vice president of the european commission. he gave an interview to the french papers over the weekend. he wants to see major reform of state run sectors of the economy. he expects results on three fronts. competitiveness and opening up the service sector. and in opening up to competition of the rail and energy sectors. the french energy giant remain...
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140
Aug 7, 2013
08/13
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CNBC
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eye 140
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europe is less bad. that's usually the beginning of better news in equities, so i would be more globally diversified, but underscore one more time it's equities over almost everything else. >> so what about that, the international exposure? i've been talking the last couple of minutes about europe and certainly about emerging markets. we've seen a big underperformance in emerging markets. has that area bottomed, or do you still want to stay away? and what about europe? are you buying europe right here? >> yeah, nibbling on it. look, i think the structural issues are still there, and while the recession -- maybe with the bath water if you will, the companies that do have strong growth and good cash flow characteristics. in emerging markets, maria, look, i think you have to -- and nobody wants them, nibble away at them, that's been the history there. i don't want to be a hero and buy it all tomorrow morning. but i think dollar-cost averaging in with the u.s. profits is not a bad idea. >> all right, bob, go
europe is less bad. that's usually the beginning of better news in equities, so i would be more globally diversified, but underscore one more time it's equities over almost everything else. >> so what about that, the international exposure? i've been talking the last couple of minutes about europe and certainly about emerging markets. we've seen a big underperformance in emerging markets. has that area bottomed, or do you still want to stay away? and what about europe? are you buying...
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Aug 14, 2013
08/13
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CNBC
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eye 138
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relative to europe, relative to asia? >> europe is at zero. u.s. is between 2 and 4 and asia is double digit. >> i'm surprised by that. you know, there was a whole view that a number of u.s. companies had cut back too much in europe because they didn't think that things were growing enough. did you guys cut back, too, or no? >> no, we didn't. i think europe has a very, very long way out of the recession. been there for a couple years and our anticipation is the overall european economy will not see any growth in the next three to five years. >> how sensitive are you to growth in begin with? >> fairly sensitive. >> in soap and -- >> 50% of our business is adhesives. we're the largest industrial adhesive company in the world so we're very sensitive to automotive, electronics and aerospace and besides germany you're not seeing a lot of industrial growth in europe. seeing that coming out of asia and some coming back to the u.s. >> there's some talk that right now the european story is quieted ahead of the german elections and this story will really bec
relative to europe, relative to asia? >> europe is at zero. u.s. is between 2 and 4 and asia is double digit. >> i'm surprised by that. you know, there was a whole view that a number of u.s. companies had cut back too much in europe because they didn't think that things were growing enough. did you guys cut back, too, or no? >> no, we didn't. i think europe has a very, very long way out of the recession. been there for a couple years and our anticipation is the overall...
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Aug 13, 2013
08/13
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CNBC
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eye 165
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don't forget the europe's use for google and apple. i am a big believer that this is an important breakout quarter for google. it's been languishing because of the rebound in europe and, please, please, never forget that apple's got an amazingly outsized business in the continent. right now, apple's getting a boost from the news that carl icahn is taking a big stake in the company. carl icahn is the leader of this particular moment in the market. you know what, i think it makes sense to follow him, the stock's cheap. there's a new iphone around the corner, i've never heard expectations so low for a new apple device ever. already they're calling it a flop. no one's seen it and it's a flop. when the stock got crushed down below $400 and analysts cut the price targets and many of the price targets are below where the stock is trading given the 27% run from the low in april, that means one after another, these trend followers are going to have to raise their price targets again. yeah, i know the business is that stupid. but tomorrow mornin
don't forget the europe's use for google and apple. i am a big believer that this is an important breakout quarter for google. it's been languishing because of the rebound in europe and, please, please, never forget that apple's got an amazingly outsized business in the continent. right now, apple's getting a boost from the news that carl icahn is taking a big stake in the company. carl icahn is the leader of this particular moment in the market. you know what, i think it makes sense to follow...
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sort of save your way out of the crisis even though in europe as far as i understand there is still no consensus on whether it works or not from the labor a point of view or what kind of impact measures have had on the. population so far but i think you're right to point to the controller see around austerity policies because you know as the crisis turned from a financial crisis two thousand and eight two thousand and nine into a sovereign debt crisis in europe around two thousand and ten when the financial markets started to react we got this setting in of austerity policies with people saying the number one priority has to be to bring down government deficit and government debt and that's comes first and frankly the experience of the last three years from two thousand and ten to two thousand and thirteen look at the figures. unemployment has grown in that period. growth has not taken off we see the eurozone still stagnating or in recession so in those terms we have bad outcomes but in addition and i think this is even more telling. we have no improvement in the deficit or the debt si
sort of save your way out of the crisis even though in europe as far as i understand there is still no consensus on whether it works or not from the labor a point of view or what kind of impact measures have had on the. population so far but i think you're right to point to the controller see around austerity policies because you know as the crisis turned from a financial crisis two thousand and eight two thousand and nine into a sovereign debt crisis in europe around two thousand and ten when...
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Aug 14, 2013
08/13
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CNBC
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eye 85
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how important is the turn in europe? it's terrific news for china, which ships 25% of the goods to europe and it's been a black hole for the chinese. china's been trying with mixed success because europe's been terrible at trying to shift things. these efforts while not futile have caused the chinese economy to slow down bit by bit. i'm calling it chinese economic water torture. but the turn in europe has arrested the decline in chinese growth and i think it's begun to take the hard landing off the table. and it's why we're starting to see some positive momentum out of the chinese stock market. the impact, the worst-performing stocks for much of the year, the minerals and mining stocks have now become the best in show. later on this show, we'll hear from chart industries, a company that's seen a dramatic acceleration in equipment orders from china. so has cummins, and you wouldn't know it, just when caterpillar has finally guided down to the bone, its short-term view of china, the people's republic might be coming back.
how important is the turn in europe? it's terrific news for china, which ships 25% of the goods to europe and it's been a black hole for the chinese. china's been trying with mixed success because europe's been terrible at trying to shift things. these efforts while not futile have caused the chinese economy to slow down bit by bit. i'm calling it chinese economic water torture. but the turn in europe has arrested the decline in chinese growth and i think it's begun to take the hard landing off...
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Aug 1, 2013
08/13
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LINKTV
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eye 54
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. >> if you want to know how europe works, a visit to brussels is a must. it is here where many decisions are taken that influence the lives of some 500 million eu citizens, but if you want to know what really makes europeans take, then you have to go far beyond brussels. for our summer series, we sent reporters to explore some of the distance hidden corners of europe. from the arctic circle to the caribbean islands. we start in turkey. >> this cemetery is located in turkey but has only christian graves. the names are polish. among those buried here outside istanbul are the ancestors of this man. many poles fled what was then sars to russia and were welcomed by the sultan ruling the ottoman empire. >> these are the graves of my forefathers. i'm fourth-generation. my great-grandfather was born in poland in 1820, and came here as a prisoner during the crimean war in 1848. but our village was founded earlier in 1842. that is his wife's grade. >> some graves document the historical legacy of ethnic poles who rose through the ranks fighting for the turkish sulta
. >> if you want to know how europe works, a visit to brussels is a must. it is here where many decisions are taken that influence the lives of some 500 million eu citizens, but if you want to know what really makes europeans take, then you have to go far beyond brussels. for our summer series, we sent reporters to explore some of the distance hidden corners of europe. from the arctic circle to the caribbean islands. we start in turkey. >> this cemetery is located in turkey but has...
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Aug 6, 2013
08/13
by
KICU
tv
eye 97
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how does it look in europe? - well, it's better. i would stay away from, as you said, spanish banks, italian banks. i invest in dnb asa, which is norway's largest lender. so, take a look at the big ones like barclays and the like, that have less exposure to those sovereign issues in those southern european countries. - good advice. matt shapiro, thanks very much. - thank you. that's a wrap for today. coming up tomorrow, if this record- setting market has you nervous, you're not alone. advice to help you navigate your investing fears. from all of us at first business, thank you for watching. ♪ >> now a paid presentation for meaningful beauty advanced by cindy crawford. >> with special appearances by debra messing. >> valerie bertinelli. >> christa miller. >> and stars from tv's royal pains and the mentalist. >> hosted by network tv correspondent katrina szish. >> brought to you by guthy-renker. >> hi, everyone, i'm beauty and style journalist katrina szish on location in beverly hills. in just a few minutes we'll meet one of the mo
how does it look in europe? - well, it's better. i would stay away from, as you said, spanish banks, italian banks. i invest in dnb asa, which is norway's largest lender. so, take a look at the big ones like barclays and the like, that have less exposure to those sovereign issues in those southern european countries. - good advice. matt shapiro, thanks very much. - thank you. that's a wrap for today. coming up tomorrow, if this record- setting market has you nervous, you're not alone. advice to...
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crisis two thousand and eight two thousand and nine into a sovereign debt crisis in europe around two thousand and ten when the financial markets started to react we got this setting in of austerity policies with people saying the number one priority has to be to bring down government deficit and government debt and that's comes first and frankly the experience of the last three years from two thousand and ten to two thousand and thirteen look at the figures. unemployment has grown in that period. growth has not taken off we see the eurozone still stagnating or in recession so in those terms we have bad outcomes but in addition and i think this is even more telling. we have no improvement in the deficit or the debt situations and in the end you have to grow to get out of debt you know if i'm unemployed i can't pay my electricity bill if countries aren't working they can't pay their debts so it's a downward spiral in austerity which i think we need to reconsider now those people who cannot pay their bills and spain and greece and some other southern european countries are now margrave
crisis two thousand and eight two thousand and nine into a sovereign debt crisis in europe around two thousand and ten when the financial markets started to react we got this setting in of austerity policies with people saying the number one priority has to be to bring down government deficit and government debt and that's comes first and frankly the experience of the last three years from two thousand and ten to two thousand and thirteen look at the figures. unemployment has grown in that...
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Aug 21, 2013
08/13
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CNBC
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eye 99
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sluggish sales across europe. one bright spot for carlsberg, though, were sales in asia where second quarter revenue grew by 10%. shares in the company this morning are down by .8%. jergen buhl rasmussen is the president and ceo of carlsberg and joins us from copenhagen. thank you for taking the time to speak to us this morning. despite the weakness in russia, and the bad weather in europe and -- in western europe in the second quarter, you were able to maintain your guidance. does that tell us you are going to be focusing more on cost cutting and efficiency going forward? >> i would say we are always extremely focused on our cost agenda and how we make the company more efficient. particularly in western europe where we have seen declining markets for some time. but, yes, to compensate some of the worsening of the russian market development, we will increase our focus on cost in the second half. but also we are doing better on market share in a number of countries than what we expected, so in russia, as an example
sluggish sales across europe. one bright spot for carlsberg, though, were sales in asia where second quarter revenue grew by 10%. shares in the company this morning are down by .8%. jergen buhl rasmussen is the president and ceo of carlsberg and joins us from copenhagen. thank you for taking the time to speak to us this morning. despite the weakness in russia, and the bad weather in europe and -- in western europe in the second quarter, you were able to maintain your guidance. does that tell us...
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132
Aug 4, 2013
08/13
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KCSM
tv
eye 132
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. >> if you want to know how europe works, a visit to brussels is a must. it is here where many decisions are taken that influence the lives of some 500 million eu citizens, but if you want to know what really makes europeans take, then you have to go far beyond brussels. for our summer series, we sent reporters to explore some of the distance hidden corners of europe. from the arctic circle to the caribbean islands. we start in turkey. >> this cemetery is located in turkey but has only christian graves. the names are polish. among those buried here outside istanbul are the ancestors of this man. many poles fled what was then sars to russia and were welcomed by the sultan ruling the ottoman empire. >> these are the graves of my forefathers. i'm fourth-generation. my great-grandfather was born in poland in 1820, and came here as a prisoner during the crimean war in 1848. but our village was founded earlier in 1842. that is his wife's grade. >> some graves document the historical legacy of ethnic poles who rose through the ranks fighting for the turkish sulta
. >> if you want to know how europe works, a visit to brussels is a must. it is here where many decisions are taken that influence the lives of some 500 million eu citizens, but if you want to know what really makes europeans take, then you have to go far beyond brussels. for our summer series, we sent reporters to explore some of the distance hidden corners of europe. from the arctic circle to the caribbean islands. we start in turkey. >> this cemetery is located in turkey but has...
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Aug 19, 2013
08/13
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needs to be europe somehow. it is europe. so the question of this formality is left to the politicians. i don't know. >> he says he sees himself as an artist providing music and films to a grateful audience, along with entire towns and cultures, he is trying to create his vision of the world, in doing so, he, too, is playing politics. ♪ >> and that report wraps up this edition of "european journal." do join us again at the same time next week, if you can. we'd be delighted to have you with us. until then from all of us here in brussels, thanks for watching. bye for now. captioned by the national captioning institute --www.ncicap.org-- >>> hello and welcome to nhk "newsline." i'm ross mihara in tokyo. >>> day after day, egyptians are seeing the very real consequences of the political turmoil that's left their country in crisis, clashes between supporters of ousted president mohamed morsi and security forces have killed more than 850 people in six days. some of the latest deaths are only deepening
needs to be europe somehow. it is europe. so the question of this formality is left to the politicians. i don't know. >> he says he sees himself as an artist providing music and films to a grateful audience, along with entire towns and cultures, he is trying to create his vision of the world, in doing so, he, too, is playing politics. ♪ >> and that report wraps up this edition of "european journal." do join us again at the same time next week, if you can. we'd be...
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Aug 20, 2013
08/13
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needs to be europe somehow. it is europe. so the question of this formality is left to the politicians. i don't know. >> he says he sees himself as an artist providing music and films to a grateful audience, along with entire towns and cultures, he is trying to create his vision of the world, in doing so, he, too, is playing politics. ♪ >> and that report wraps editio journal." do join us again at the same time next week, if you can. we'd be delighted to have you with us. until then from all of us here in brussels, thanks for watching. bye for now. captioned by the national captioning institute --www.ncicap.org--
needs to be europe somehow. it is europe. so the question of this formality is left to the politicians. i don't know. >> he says he sees himself as an artist providing music and films to a grateful audience, along with entire towns and cultures, he is trying to create his vision of the world, in doing so, he, too, is playing politics. ♪ >> and that report wraps editio journal." do join us again at the same time next week, if you can. we'd be delighted to have you with us....
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a political right now still ahead for you this hour here on r.t. a syrian war affecting families in europe but the number of young men leaving the e.u. to five alongside the syrian rebels. told a belgian man whose son joined the jihadists about just exactly how we ended up in the war torn country. and while politicians in paris are trying to paint a picture of national unity social and even racial divisions in france are only gaining steam and we report on more offer a very short break. but the best for the world the week show strong. for sure but we just showed we. still believe that rick about his birth as it was a stroke about. speak your language. programs and documentaries in spanish what matters to you. but a little too much of angle is story. here. the spanish. visit. the. economic down in the final. days. and the rest. a little bit every week. from moscow it's auto. the last british resident of the guantanamo bay detention camp now claiming that god's sexually assault him during prisons is all this coming out and president obama's new push to shut down the camp over the white house
a political right now still ahead for you this hour here on r.t. a syrian war affecting families in europe but the number of young men leaving the e.u. to five alongside the syrian rebels. told a belgian man whose son joined the jihadists about just exactly how we ended up in the war torn country. and while politicians in paris are trying to paint a picture of national unity social and even racial divisions in france are only gaining steam and we report on more offer a very short break. but the...
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i mean toxic assets and all of that i mean finally they found their way in every single economy in europe yet though there's no question i mean all of this deregulation credit is a movement that started in the united states in the late one nine hundred seventy s. and then it accelerated under reagan you know and then you know where dramatically also still later on the clinton and then under bush so yes that was that originate that ignited slate's and the europeans bought into that i mean the europeans bought into the propaganda that was emanating from washington that somehow they were running these sclerotic backward economies and that they needed jobs mobility that they needed capital needed you know to be free of all the restrictions of from labor you know you and you know you needed to have somehow to compete in the world you had to emulate the americans well i think this is you know shown that this was a really disastrous road down which are europeans of gone that that they said of course the europeans are going to do have to share the blame for what has happened but again it does sho
i mean toxic assets and all of that i mean finally they found their way in every single economy in europe yet though there's no question i mean all of this deregulation credit is a movement that started in the united states in the late one nine hundred seventy s. and then it accelerated under reagan you know and then you know where dramatically also still later on the clinton and then under bush so yes that was that originate that ignited slate's and the europeans bought into that i mean the...
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think europe has locked itself in a corner it's painting itself into a corner where it's very difficult to extract himself from unless we get a new crisis point because i think the world we learn from the history of the last five to six years in europe is that the only changes that is mandating your comes when the market is pressuring the politicians all you see stock markets coming down so unfortunately like in history i think the only way we get resoled and mandate for change will come through that except new crisis point which i think will be back to our starting point a week growth what we risk right now is clearly a jap and i ses and in europe doing nothing doing too little and waiting reforms to happen naturally it will not go that way unfortunately i case it stayed in your eyes i know out of the danger zone yet then. no but you know any news is good news in terms of positive growth but overall we need to see the structural elements is imbalances being dealt with and then we can have some hope but i don't think we're too forward but it's not going to be thirteen and probably not i
think europe has locked itself in a corner it's painting itself into a corner where it's very difficult to extract himself from unless we get a new crisis point because i think the world we learn from the history of the last five to six years in europe is that the only changes that is mandating your comes when the market is pressuring the politicians all you see stock markets coming down so unfortunately like in history i think the only way we get resoled and mandate for change will come...
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Aug 5, 2013
08/13
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so yield curves, steep end in europe. particularly last year after draghi's speech where he said the ecb would do whatever it took. credit spreads have come in. credit default swaps have come in. real narrow money is growing. last year what we had seen in europe was that money was leaving the periphery. in a way what we're now seeing with the pmis essentially had been well flagged by a lot of the monetary liquidity indicators we look at already. i think we'll probably see further improvement and i think what's important for investors to recognize is that this is a cyclical improvement. it's not a structural solution to europe's problems. the european periphery essentially is trapped in a single currency where the solution is essentially debt deflation. >> okay. just a cyclical improvement. suggest actually europe stays -- no or very weak economic growth. >> unfortunately, that's true. >> what changes? >> no. if you think about it, it's an improvement. in fact, whereas before they'd been contracting quickly, what we're see
so yield curves, steep end in europe. particularly last year after draghi's speech where he said the ecb would do whatever it took. credit spreads have come in. credit default swaps have come in. real narrow money is growing. last year what we had seen in europe was that money was leaving the periphery. in a way what we're now seeing with the pmis essentially had been well flagged by a lot of the monetary liquidity indicators we look at already. i think we'll probably see further improvement...
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Aug 5, 2013
08/13
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i asked david about europe, where he said europe is bottoming. but that does not mean there can't still be problems. so just to underscore what we've learned here today, in the month of july, appaloosa is up 5.5% net, year to date appaloosa is up 23.4%. and again, just to underscore this one fact. if you put $1 million into appaloosa in 1993, again, he's sending out a letter today, to really commemorate his 20 years in running that firm, $1 million invested in appaloosa in '93 now worth $149 million. that is versus $5.3 million in you simply invested in the s&p. you have steven weiss here with me, obviously a frequent contributor to the "halftime show," full disclosure, knows david tepper well, sometimes golf partner, as well. this is the first time you're learning of these numbers as well. what has made david tepper one of the greatest investors over all of the years, over a long period of time in. >> he's the only investor i know running a hedge fund that can go from any asset class to another asset class and still make money. so he sees the wh
i asked david about europe, where he said europe is bottoming. but that does not mean there can't still be problems. so just to underscore what we've learned here today, in the month of july, appaloosa is up 5.5% net, year to date appaloosa is up 23.4%. and again, just to underscore this one fact. if you put $1 million into appaloosa in 1993, again, he's sending out a letter today, to really commemorate his 20 years in running that firm, $1 million invested in appaloosa in '93 now worth $149...
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Aug 28, 2013
08/13
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is it united states, europe, what's taking place in europe hurting you? >> we are primarily euro centric. we're in 15 or 18 countries. most of our growth and experience is primarily u.s. we're only now starting to examine the international strategy. we have been disciplined. we have a lot of fans among you guys. there is a huge universe of people that have not tried kind bars. the big opportunity is in the u.s. for us. >> are you sensing an ipo for your kind healthy snack business, perhaps a sale to a larger company that wants your fast pace of growth? >> right now we're having a lot of fun just growing the company ourselves. at some point like you were teasing earlier, we never know what will happen but for the foreseeable future we're committed to stay independent. to the extent that there was to be some liquidity option it would be ipo but you never know. >> dan lubetzky doing good work. thank you for coming on. traders, we talked about burger king and mcdonald's earlier. let's talk about some others. names pop out? >> talking about the global food bus
is it united states, europe, what's taking place in europe hurting you? >> we are primarily euro centric. we're in 15 or 18 countries. most of our growth and experience is primarily u.s. we're only now starting to examine the international strategy. we have been disciplined. we have a lot of fans among you guys. there is a huge universe of people that have not tried kind bars. the big opportunity is in the u.s. for us. >> are you sensing an ipo for your kind healthy snack business,...
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spotlight regarding press freedom especially in eastern europe europe has been commenting the situation in hungary recently but also in turkey and other states but i think we have to apply the same standards to all our members and these two actions do pose certain questions we're asking some background information from the u.k. government and i'm pretty sure we will receive a response very soon do you think the british government directly violated the human rights convention signed by the e.u. member states by doing this nobody is suggesting that the letter doesn't make any reference to violations it is simply inquiring how the u.k. government sees these two actions under its obligations under the convention we know the guardians editing chief said the newspaper has digital copies of that data outside britain do you see the government going after those too. this is really not for me to comment but what i would say is that the letter has some grounds indeed as you would have noticed that the partner of green glenn greenwald has a one temporary injunction before britain's high court prote
spotlight regarding press freedom especially in eastern europe europe has been commenting the situation in hungary recently but also in turkey and other states but i think we have to apply the same standards to all our members and these two actions do pose certain questions we're asking some background information from the u.k. government and i'm pretty sure we will receive a response very soon do you think the british government directly violated the human rights convention signed by the e.u....
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Aug 13, 2013
08/13
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europe is undervalued. stay there for a moment. because we're coming back to the discussion, we'll get more calls from you. but just want to take a look at today's other top stories. blackstone wants to be your landlord, reports say the private equity firm struck a deal to buy the majority share in 80 apartment complexes from the lending arm. portfolio is worth about $2.7 billion. the buildings contain 30,000 units and are primarily located in atlanta and dallas. blackstone is the biggest owner of single family rental homes in the u.s. blackstone shares in frankfurt are down by roughly 2%. >>> reports say the hedge fund manager has made a bid for steinway of about $38 a share or $478 million. that would trump the offer that pianomaker agreed to in june from kkr. kohlberg has three days to match or top the new bid. paulson's offer is a rare topping bid made during a so-called go shop period. and after the fact option companies used to search for better deal than what they have accepted. steinway jumped 9% on this on monday and is up
europe is undervalued. stay there for a moment. because we're coming back to the discussion, we'll get more calls from you. but just want to take a look at today's other top stories. blackstone wants to be your landlord, reports say the private equity firm struck a deal to buy the majority share in 80 apartment complexes from the lending arm. portfolio is worth about $2.7 billion. the buildings contain 30,000 units and are primarily located in atlanta and dallas. blackstone is the biggest owner...
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Aug 15, 2013
08/13
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a special series of europe on the edge. this week we are on the border between georgia and turkey. the seaside resort is booming. it is a bit like a mini las vegas on the black sea. since the border to turkey was opened, increasing numbers of tourists arriving, most of them male, coming to experience what is forbidden to them at home. they found each other one early morning under a sky by the caucasus mountains. -- ringed by the caucasus mountains. starcrossed lovers, like romeo and juliet. the city put up a moving sculpture to them. we meet him on the piazza.a place for buskers, pedestrians, and tourists. the buildings are a colorful mix of architectural styles. >> there is no precedent for this architecture anywhere in georgia. >> in these present construction booms started with this high rise. now a casino open seven days a week. gamblers come here from far and wide, most of them from turkey. he comes here every weekend. >> i always pay by credit card and pick up cash at the atm machine. >> every month, turkish men who come here for the night life bring 100 million euros in acco
a special series of europe on the edge. this week we are on the border between georgia and turkey. the seaside resort is booming. it is a bit like a mini las vegas on the black sea. since the border to turkey was opened, increasing numbers of tourists arriving, most of them male, coming to experience what is forbidden to them at home. they found each other one early morning under a sky by the caucasus mountains. -- ringed by the caucasus mountains. starcrossed lovers, like romeo and juliet. the...
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Aug 14, 2013
08/13
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to buy europe. now, there is some indication to put up the european etf and you can see here there's clearly been money going into that in the last several weeks. money inflows in etf funds associated with europe and here's one of them, the vgk and there may be something behind all of that. let me put up some sectors. tough day for housing. last week fannie mae and freddie mac concerns, more concerns here, came out with earnings below expectations and new orders was a real problem for taylor morrison. these stocks out of favor, the itv, a new low for the year 2013. finally, sue, be careful about momentum stocks. cree was a darling. everybody loved cree, and when you have a situation where you have four great quarters and all of a sudden you get inline results and slightly lower guidance this is what happens. >> down 20%. >> look at that stock straight up. >> of course, they make l.e.d. chips, everybody loves them but that's the problem with momentum stocks. >> thanks very much, bob pisani. let's spe
to buy europe. now, there is some indication to put up the european etf and you can see here there's clearly been money going into that in the last several weeks. money inflows in etf funds associated with europe and here's one of them, the vgk and there may be something behind all of that. let me put up some sectors. tough day for housing. last week fannie mae and freddie mac concerns, more concerns here, came out with earnings below expectations and new orders was a real problem for taylor...
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Aug 13, 2013
08/13
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the emerging markets have secular engine which europe lacks. if you look at countries like greece, like italy, like portugal, it's really quite difficult to identify what are the growth engines, and that's really big issues. yes, the u.s. has outperformed. it's unlikely to continue to outperform like it has but i would look also at emerging markets and not just at europe in terms of catching up. >> mohammed, you know, a lot of this game is not what you buy but at what price you buy it. and emerging markets for a long time we've understood that they're growing faster than europe and yet the stock prices, particularly when i look at china, brazil, the bricks have just been abysmal. in the meantime, the dow is flat over the last 30 days while the euro stocks 50, which is the dow of europe let's call it, is up about 8%. so i think the market is telling us right now that the assets are too cheap. don't worry as much about growth rates, worry about value. where do you stand on that debate? >> so i think that's correct, but i would ltialso introduce a
the emerging markets have secular engine which europe lacks. if you look at countries like greece, like italy, like portugal, it's really quite difficult to identify what are the growth engines, and that's really big issues. yes, the u.s. has outperformed. it's unlikely to continue to outperform like it has but i would look also at emerging markets and not just at europe in terms of catching up. >> mohammed, you know, a lot of this game is not what you buy but at what price you buy it....
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Aug 25, 2013
08/13
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needs to be europe somehow. it is europe. so the question of this formality is left to the politicians. i don't know. >> he says he sees himself as an artist providing music and films to a grateful audience, along with entire towns and cultures, he is trying to create his vision of the world, in doing so, he, too, is playing politics. ♪ >> and that report wraps up this edition of "european journal." do join us again at the same time next week, if you can. we'd be delighted to have you with us. until then from all of us here in brussels, thanks for watching. bye for now. captioned by the national captioning institute --www.ncicap.org-- >> funding for this program is provided by subaru. >> at subaru, we build vehicles like the rugged outback, with symmetrical all-wheel drive standard and plenty of cargo space, for those who pack even more adventure into life. subaru, a proud sponsor of globe trekker. [captioning made possible by friends of nci] >> previously on globe trekker around the world, justine shapiro tra
needs to be europe somehow. it is europe. so the question of this formality is left to the politicians. i don't know. >> he says he sees himself as an artist providing music and films to a grateful audience, along with entire towns and cultures, he is trying to create his vision of the world, in doing so, he, too, is playing politics. ♪ >> and that report wraps up this edition of "european journal." do join us again at the same time next week, if you can. we'd be...
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Aug 14, 2013
08/13
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you want to buy europe here or no? >> i'll jump in -- >> no, i don't want to buy europe. europe has a lot of problems. the contraction may be behind us. but growth is a different story. getting back to the flatline is one thing. trying to put some growth in place, southern europe remains in recession. you've still got a banking system over there that's not creating credit. banks are tightening lending standards in europe. we just heard about that a couple of weeks ago. here, u.s. banks are lowering lending standards. the opposite is true in europe. so the consumer spending bounce you saw contribute to positive gdp growth in q2, don't expect it to last. the credit isn't there. exports will suffer here, now that the euro has lifted. that will be a drag on growth, as well. keep the money close to home. buy the companies doing the share buybacks here in the u.s. that's where you want to put your money. >> okay. so you don't buy the european bounce. adam, what about you? >> we're big fans of the u.s. market, specifically, because we have a strong dollar view. and we really lik
you want to buy europe here or no? >> i'll jump in -- >> no, i don't want to buy europe. europe has a lot of problems. the contraction may be behind us. but growth is a different story. getting back to the flatline is one thing. trying to put some growth in place, southern europe remains in recession. you've still got a banking system over there that's not creating credit. banks are tightening lending standards in europe. we just heard about that a couple of weeks ago. here, u.s....
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Aug 6, 2013
08/13
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a special series of europe on the edge. this week we are on the border between georgia and turkey. the seaside resort is booming. it is a bit like a mini las vegas on the black sea. since the border to turkey was opened, increasing numbers of tourist cap in arriving, most of them male, -- tourists arriving, most of them male, coming to experience what is forbidden to them at home. they found each other one early morning under a sky by the caucasus mountains. starcrossed lovers, like romeo and juliet. the city put up a moving sculpture to them. we meet him on the piazza. the buildings are a colorful mix of architectural styles. >> there is no precedent for this architecture anywhere in georgia. >> in these present construction booms started with this high rise. now a casino opened seven days a week. gamblers come here from far and wide, most of them from turkey. he comes here every weekend. >> i always pay by credit card and pick up cash at the atm machine. >> every month, turkish man who come here for the night life bring 100 million euros in according to the turkish chamber of com
a special series of europe on the edge. this week we are on the border between georgia and turkey. the seaside resort is booming. it is a bit like a mini las vegas on the black sea. since the border to turkey was opened, increasing numbers of tourist cap in arriving, most of them male, -- tourists arriving, most of them male, coming to experience what is forbidden to them at home. they found each other one early morning under a sky by the caucasus mountains. starcrossed lovers, like romeo and...
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Aug 8, 2013
08/13
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the southern bit of europe closing a little higher. central europe closing a little lower. the ftse, xetra dax, ftse mib and ibex higher by half a percent at the moment. seeing some delicate gains being put on the trade data in china, taking center stage this morning coming into the session much stronger than an tis paced. exports and imports outperforming quite significantly. the bank of japan keeping policy unchanged. sectors, here we're looking at quite a bit of activity in insurers. a number of earnings of through for the insurers. we'll talk about that later on in the program. banks trading higher. basic resources up by 1.7%. we'll talk about the mining sector later on the show too. travel and leisure, utilities and food and beverages taking a little money off the table there. the currency markets, well, yesterday, a lot of focus on sterling given the forward guidance coming through from the new bank of england governor mark carney. indicating ranks will be remaining at the very low levels for at least the next three years, smart viewer wrote into me last night and sai
the southern bit of europe closing a little higher. central europe closing a little lower. the ftse, xetra dax, ftse mib and ibex higher by half a percent at the moment. seeing some delicate gains being put on the trade data in china, taking center stage this morning coming into the session much stronger than an tis paced. exports and imports outperforming quite significantly. the bank of japan keeping policy unchanged. sectors, here we're looking at quite a bit of activity in insurers. a...
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Aug 6, 2013
08/13
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and northern europe too. what we're expecting them to confirm, the positive trends we have seen for the last couple of quarters, starting to see benefits feeding through, streamlined stock, while investors really focusing on is asset quality what is going on with the rising npls as far as italy is concerned in particular and provisions. we expect to see a quarter on quarter rise in provisions, of course, since seasonality and impact there and cross management for all of these banks feeding through, particularly given the head winds we have seen in europe. if we look at sanpaolo last week, they highlighted hungary and ukraine in particular as being particularly weak. keeping an eye on that in particular. in terms of the facts and figures, though, net is just income expects to come in around 3.4 billion euros. expecting to see a funding cost improvement there. deutsche bank saying a 1% quarter on quarter improvement and contrast with intesa that saw a decline there. keeping a focus on that. revenues of 5.9 bill
and northern europe too. what we're expecting them to confirm, the positive trends we have seen for the last couple of quarters, starting to see benefits feeding through, streamlined stock, while investors really focusing on is asset quality what is going on with the rising npls as far as italy is concerned in particular and provisions. we expect to see a quarter on quarter rise in provisions, of course, since seasonality and impact there and cross management for all of these banks feeding...
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Aug 15, 2013
08/13
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and flooding in europe. this is obviously something that also impacted some of the other insurers. and at first on cnbc interview earlier on, the group's ceo said that low interest rates also weighed on the group's investment. >> continued low interest rates are also impacting our result. investment income was down 8% compared to the prior quarter, which is a significant drop on the investment income, of course. >> dan scott head of venture research at credit suisse is still with us. dan, how concerned are you about numbers coming from we know the natural catastrophes had a big impact on the bottom line, but, you know, by and large, the market still loves the stock because of its strong capital levels and the fact it is paying a nice dividend. would you agree with that? >> well, our insurance analyst still has the company on hold. numbers were overall disappointing. i think they would like to focus on weather-related losses. but really, in fact, that's the whole sectors. and what the market is unpleased abou
and flooding in europe. this is obviously something that also impacted some of the other insurers. and at first on cnbc interview earlier on, the group's ceo said that low interest rates also weighed on the group's investment. >> continued low interest rates are also impacting our result. investment income was down 8% compared to the prior quarter, which is a significant drop on the investment income, of course. >> dan scott head of venture research at credit suisse is still with...
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Aug 27, 2013
08/13
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he's got demand for 10,000 cars in europe. 5,000 cars in asia. but, and i quote, this could be so much bigger number. because china is a wild card. given the price of gasoline in europe is almost double ours and the pollution in china is a national disgrace it makes sense tesla will be able to rack up pretty hefty overseas sales. right? musk made it clear because the international markets there will be a, quote, fairly significant increase in volumes next year. ninth, musk said tesla would spend another $200 million with the company's cash on hand. then the build out would be done. no more need to spend. no more need to raise. which brings us to number ten. number ten. the most important part of the call. the phrase that shook the world was, quote, we don't have any plans right now to raise funding. huh? i mean, the bears were like, what? no stock offering? huh? nothing that will allow us to cover our shorts? how can they do that? don't they know without a stock offering the shorts will be crushed? as if musk was somehow running the place to plea
he's got demand for 10,000 cars in europe. 5,000 cars in asia. but, and i quote, this could be so much bigger number. because china is a wild card. given the price of gasoline in europe is almost double ours and the pollution in china is a national disgrace it makes sense tesla will be able to rack up pretty hefty overseas sales. right? musk made it clear because the international markets there will be a, quote, fairly significant increase in volumes next year. ninth, musk said tesla would...
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advocate what we got to get rid of all of those and not just socialism but the social democracies in europe we got to get rid of that euro sclerosis all of the you know welfare lack of job mobility you know we got to be like the united states you know this is that where we have this really dynamic capitalism well we've seen this dynamic as we've seen you know we had the collapse of the internet bubble in the early two thousand and then we have this of the almighty collapse of the housing bubble we're building up in other bubble now so you know this is this you know non welfare kind of you know primitive pyramid scheme capitalism is the last thing anyone in the world would want to emulate ok before we had sort of the programs are going to if i could go you know that your talk about the perceptions of the united states in the middle east but go ahead bruce now i just want to jump in there look i mean george is right if you look at public opinion surveys we've done in thirty nine countries basically people think the economic system is now unfair they think that inequality has grown over the la
advocate what we got to get rid of all of those and not just socialism but the social democracies in europe we got to get rid of that euro sclerosis all of the you know welfare lack of job mobility you know we got to be like the united states you know this is that where we have this really dynamic capitalism well we've seen this dynamic as we've seen you know we had the collapse of the internet bubble in the early two thousand and then we have this of the almighty collapse of the housing bubble...
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cerned about what is going to happen in those countries in the long run in the europe to be seen the rise of protest movement in this country a russian citizen faction of its labor conditions. very drastic social and political change about. a century ago so as a had of the international labor organisation do you think world leaders actually understand that labor and indeed may be a ticking time bomb as you just said i think political leaders understand very very well that mass youth unemployment is a major political problem and i'm asked perhaps a question that people like you asked me most frequently is when does youth unemployment become a source of political instability when is it going to actually lead to change in our society and there is no numerical terms you know if you'd asked me that question three years ago i would never have imagined that youth unemployment in greece could be approaching sixty percent without a societal breakdown now the situation in greece is desperate speed very clear but there hasn't been a revolution there hasn't been a political breakdown there's sti
cerned about what is going to happen in those countries in the long run in the europe to be seen the rise of protest movement in this country a russian citizen faction of its labor conditions. very drastic social and political change about. a century ago so as a had of the international labor organisation do you think world leaders actually understand that labor and indeed may be a ticking time bomb as you just said i think political leaders understand very very well that mass youth...
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as freedom is a very very high value across europe and we apply the same standards to all our member states that you recall the many have been in the spotlight regarding press freedom especially in eastern europe europe has been commenting the situation and i'm very recently but also in turkey and in other states but i think we have to apply the same standards to all our members and these two actions do pose certain questions we're asking some background information from the u.k. government and i'm pretty sure we will receive a response. minister from the council of europe there referring to questions there already have questions in this case and hopefully in an effort to plug some of those holes i'm talking today a chakravarti from the freedom association to thank for being here now we've been talking about the destruction of the information at the guardian newspaper the smashing of hard drives and disks in the basement of the newspaper in the light of the fact that all the copies of this information clearly existed in the editor of the guardian told the authorities that they did it
as freedom is a very very high value across europe and we apply the same standards to all our member states that you recall the many have been in the spotlight regarding press freedom especially in eastern europe europe has been commenting the situation and i'm very recently but also in turkey and in other states but i think we have to apply the same standards to all our members and these two actions do pose certain questions we're asking some background information from the u.k. government and...